Ministry of Finance (North Korea)

The Ministry of Finance (Korean: 조선민주주의인민공화국 재정성) is a government ministry in North Korea which is responsible for planning and managing the economic policies of the Democratic People's Republic of Korea. It deliberates the budget, establishes tax and economy policies, establishes fiscal policies and national financial management plans, organizes budgets, and discusses plans for fund management. It is a department in charge of coordination, budget and fund execution and management. It was formed in September 1948.

Ministry of Finance
조선민주주의인민공화국 재정성
Agency overview
FormedSeptember 1948
Jurisdiction North Korea
HeadquartersPyongyang
Agency executive
  • Ko Jong-bom, Minister
Parent agencyCabinet of North Korea

Ministers of Finance
Name Took office Left office Notes
Choe Chang-ik 9 September 1948 29 November 1952 [1]
Yi Chu-yon 29 November 1952 23 March 1954
Choe Chang-ik 23 March 1954 November 1954 [1]
Yi Chu-yon November 1954 April 1958
Song Bong-uk April 1958 August 1960
Han Sang-tu August 1960 16 December 1967
Yun Ki-pok 16 December 1967 1969 [2]
Choe Yong-su 1969 1971 [1]
Kim Kyong-yon July 1971 1980 [1][3]
Yun Gi-jong April 1980 1998 [4][5]Yun Ki-chong, Yun Ki-jong
Rim Kyong-suk 1998 October 2000 [4]Yim Kyong-suk
Mun Il-bong October 2000 2008 [4]
Kim Wan-su April 2009 September 2009 [4][6]
Pak Su-gil 2009 February 2012 [4]
Choe Kwang-jin February 2012 February 2015 [7]
Ki Kwang-ho February 2015 January 2021 [8]
Ko Jong-bom January 2021 [9]

See also

References
  1. "DTIC ADA368791: Korean Affairs Report, No. 304. North Korea: Biographic Dictionary. Part 1". August 24, 1983 – via Internet Archive.
  2. https://apps.dtic.mil/dtic/tr/fulltext/u2/a375371.pdf
  3. "Directory of Officials of the Democratic People's Republic of Korea". November 15, 1980 – via Google Books.
  4. "Budget Blanks and Blues". 38 North. June 27, 2012.
  5. "Directory of Officials of the Democratic People's Republic of Korea". National Foreign Assessment Center, Central Intelligence Agency. November 15, 1992 – via Google Books.
  6. "Kim Wan-su Demoted, but Not Gone | North Korea Leadership Watch". www.nkleadershipwatch.org.
  7. "Part Three: Overhauling the Legacy Government". 38 North. December 21, 2012.
  8. "The Third Session of 13th SPA: Business as Usual". 38 North. April 15, 2015.
  9. "Members of the DPRK Cabinet Appointed". KKF Online.
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